According to CNN Money, Emily Edmonds, an AT&T spokeswoman, said: “After a thorough review of our investment portfolio, the company decided to no longer pursue entry into the in-flight connectivity industry.”

The share price of ATG specialist Gogo reacted well to the news, gaining more than 8%.

The AT&T news leaves Gogo as the only company involving in the ATG business in the US and Canada. Inmarsat is currently working on developing a European-wide ATG network.